form8k_4thqtr.htm
UNITED
STATES
SECURITIES
AND EXCHANGE
COMMISSION
WASHINGTON,
DC
20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities
Exchange Act of
1934
Date
of
report (Date of earliest event reported): November 13, 2007
PILGRIM'S
PRIDE
CORPORATION
(Exact
Name of Registrant as Specified in its Charter)
Delaware
|
1-9273
|
75-1285071
|
(State or Other Jurisdiction
|
(Commission
|
(IRS
Employer
|
of Incorporation)
|
File
Number)
|
Identification
No.)
|
4845
US Hwy.
271 N.
|
|
Pittsburg,
Texas
|
75686-0093
|
(Address of Principal Executive Offices)
|
(ZIP
Code)
|
Registrant's
telephone number, including area code: (903)
434-1000
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
q
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
q
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
q
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
q
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c)
|
Item
2.02. Results
of Operations and Financial
Condition.
The
information in this Item 2.02 and the Exhibit attached hereto shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, nor shall it be deemed incorporated by reference in any filing under
the
Securities Act of 1933, except as shall be expressly set forth by specific
reference in such filing.
On
November 13, 2007, Pilgrim's Pride Corporation issued a press release reporting
a net
income of $33.2 million, or $0.50 per share, on record sales of $2.15 billion
for the fourth fiscal quarter ended September 29, 2007. These results
include a charge of $12.0 million, $7.1 million net of tax, or $0.11 per share,
related to the early extinguishment of debt incurred by the company in
connection with the calling of its 9 5/8% bonds in September. For the
fourth quarter of fiscal 2006, the company reported a net loss of $7.5 million,
or $0.11 per share, on total sales of $1.34 billion.
The
press
release is furnished as Exhibit 99.1 to this Form 8-K.
Item
9.01. Financial Statements and
Exhibits.
(c)
Exhibits
Exhibit
Number Description
99.1
Press Release dated November 13, 2007.
Signatures
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
PILGRIM'S
PRIDE CORPORATION
Date: November13, 2007 By:
/s/
Richard A
Cogdill
Richard A. Cogdill
Executive Vice President,
Chief Financial Officer,
Secretary
and Treasurer
Exhibit
Index
Exhibit
Number Description
99.1 Press
Release dated November 13, 2007.